Waves (WAVES/IDR) Price Today

WAVES is trading at Rp6,685 with a market cap of Rp854.44 million, showing a strong bearish technical signal across moving averages and oscillators. The token faces immediate resistance at Rp6,921 (R1) with support at Rp6,643 (S1), while the extremely low RSI_6 at 5.06 suggests potential oversold conditions. No major protocol updates or ecosystem developments have been reported recently, leaving technical factors as the primary market driver.

Overall outlook remains cautious due to persistent bearish momentum, though oversold RSI signals may offer short-term bounce opportunities. Major risks include continued selling pressure, low liquidity in IDR markets, and absence of fundamental catalysts. Investors should monitor whether price can hold above Rp6,365 (S3) support or break through Rp6,921 resistance for directional clarity.